I didn’t trade on Monday morning and decided to get an overnight play , I was watching #CCG & #WNW just before the [close] #WNW had 14m volume 305k float 52w $70.00 and the [chart] wasn’t that great , So i decided to go with #CCG 257m volume 19m float 52w $2.52 and had [gapped] up 📈 so i filled 1,600 shares at 1.0199 , At 4:30-ish #WNW got News 🗞️ and [gap] from 1.24 to 1.95 wow , At the Opening #CCG didn’t move so i pulled the trigger at 0.9206 wow [Coulda shoulda Woulda] 😭😊🙏🏽
(2/7) RCT, STAY AWAY FROM THIS LAZY TRADE! DO NOT WASTE A TRADE!!!!
Entry comments: Not a great hx of spiking but taking this speculative after b/o play that follows my rules. Absolute stop is $0.94, hoping to not to be shook out before the close for swing trade for gap up tomorrow.
Exit comments: very illiquid this morning, saw a big seller on the ask so got out. Proud of myself for following my trade plan.
Very poor bag holding I did here: Got in 100 shares at $2.35, trade went bad so I bought another 100 shares at $2.15, then another 200 shares at $1.99 and then bag held for many weeks hoping it would go back up. Got another 1000 shares at $1.05 in June and another 1000 shares at .92. Today it had a pop and I just wanted out and want to learn my lesson from bag holding. CUT LOSSES QUICKLY.
Quick short, covered some then got swiped and stopped out....2c from the high of the day. It reversed and I missed a home run trade. Fuck.
Dip buy. Early morning potential spiker. Hit a wall of sellers and flushed back down. Long term chart was uglier than normal.
thought it was going to BO. Impatient should have given it more time.
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